1550 Drexel Ave #103, Miami Beach, FL 33139

Local realty services provided by:ERA South Dade Realty
1550 Drexel Ave #103,Miami Beach, FL 33139
$229,000
Virtual Tour
  • 1 Beds
  • 1 Baths
  • 420 sq. ft.
  • Condominium
  • Active
Listed by:alicia procter
Office:lg realty group inc.
MLS#:A11839696
Source:SEFMLS

Price summary

  • Price:$229,000
  • Price per sq. ft.:$545.24
  • Monthly HOA dues:$536

About this home

Upgraded 1 bed/1 bath condo in a boutique 16-unit Art Deco building, steps from Lincoln Rd, Española Way & the beach! Move-in ready with new floors, sleek white kitchen, SS appliances, induction cooktop, updated bath & walk-in closet. Investor’s gem—rented at $1,800/mo through Sept 2026, generating $21,600/yr with a solid 5% +cap rate. HOA $506/mo covers insurance, water & trash, keeping expenses low and returns strong. Enjoy central A/C, manicured grounds & unbeatable walkability to dining, shopping, nightlife & Ocean Dr. Pet-friendly, 3-month minimum rentals allowed. Perfect pied-à-terre or cash-flowing investment. Aggressively priced!

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Home facts

  • Year built:1925
  • Listing ID #:A11839696
  • Updated:October 01, 2025 at 04:55 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:420 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1925
  • Building area:420 sq. ft.

Finances and disclosures

  • Price:$229,000
  • Price per sq. ft.:$545.24
  • Tax amount:$3,359 (2024)
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